UEL students can take out federal loans from the US government to help pay for school related expenses in the UK (our federal school code is G30450). We also administer private loans.
For full details on the application process, the types of loan available (including interest rates), eligibility criteria and all other relevant information please see our Federal Loan Guidance Document.
The Student Money Advice and Rights Team (SMART) are responsible for administering Direct Loans at the University of East London. If you have any questions that are not answered by looking through our website or the guidance document, please contact us at firstname.lastname@example.org.
Note for Fall 2019 Applicants
1. Complete the FAFSA
The first step is to complete a Free Application for Federal Student Aid (FAFSA) on the FAFSA website. The University of East London's school code is G30450 (or 03045000).
2. Email us a copy of your Student Aid Report (SAR)
Once your FAFSA has been processed, you will be sent a Student Aid Report (SAR). Please send us a copy of your SAR via email@example.com. We will not know that you have added us to your FAFSA unless you email us a copy of your SAR.
3. Review Your Cost Of Attendance File
We will review your SAR report and subsequently email you a Cost of Attendance file. This will break down your maximum costs of living and studying in the UK for the academic year, and
show your entitlement to Direct Loans.
4. Complete your MPNs and Entrance Counselling
You will need to complete MPN's and Entrance Counselling via the Federal Student Aid Website. We will let you know exactly what needs to be completed based on your loan entitlement.
5. Confirm Your Loan Amounts
Once you have decided on how much you wish to borrow, complete the US Loan Request Form and email it back to firstname.lastname@example.org.
Once your documents have been returned we will confirm your eligibility and originate (process) your loans. We will then send a loan award letter to the address on your application form which you can use as proof of your funding, if required.
Confirmation of Acceptance for Studies
Once you have satisfied your academic conditions and accepted your offer of a place on the course, and had your loans signed off, you will be issued with a CAS (Confirmation of Acceptance for Studies) which you will need for your Visa Application.
Students with a US passport will normally need to apply for a Tier 4 Student Visa before coming to the UK. For more information on the visa application process please see our International Student Advice team’s webpage https://www.uel.ac.uk/International/Student-Advice.
Your loan funds will be paid to you (disbursed) in line with the dates on your Visa Loan Letter, as long as you are fully enrolled and have set up a UK bank account.
Loan funds are disbursed in two equal instalments. For September start students, the first instalment is at the end of September and the second instalment is in the following January (provided that there is satisfactory academic progress). The US Department of Education regulations require the university to immediately take your tuition fees before any excess is returned to you. The university will take 50% of your tuition fees from the first loan instalment and the remaining 50% from the second loan instalment.
Please note that we cannot disburse funds before your arrival in the UK to pay for your accommodation deposit (or any other costs such as your visa application fee). It is your responsibility to arrange payment of any such deposits out of your own funds prior to reimbursement through your loans. Once in the UK it is also up to you to make any remaining rental payments out of the funds that have been disbursed into your UK bank account.
Students are required to complete an exit interview prior to finishing their studies.
When you reach your final year of study your Exit Counselling should be carried out at www.studentloans.gov.